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NMC Health - One to watchBuy NMC Health (NMC.L) NMC Health plc is a private healthcare services provider in the United Arab Emirates. The Company operates through two segments: healthcare and distribution & services. The healthcare segment is engaged in providing professional medical services, comprising diagnostic services, in and outpatient clinics, provision of all types of research and medical services in the field of gynecology, obstetrics and human reproduction and retailing of pharmaceutical goods. It also includes the provision of management services in respect of a hospital. Market Cap: £5.68Billion NMC Health appears to be forming a bottom pattern on the daily chart. A break above resistance at 3016p is required to complete the pattern, which as this stage is still in the ‘one to watch’ category. The completion of an inverse head and shoulders bottom pattern targets a move to 4325p over the short to medium term. Investors with a more speculative nature could buy at current levels to improve the upside potential. The idea would be invalidated on a move below 2420p. Stop: 2420p Target 1: 3015p Target 2: 3760p Target 2: 4325p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
NLong
by Investamate
ORBEX:GBPUSD,EURUSD -A Real Brexit Deal, OR Another Failed Vote?In today's #marketinsights video recording I analyse #EURUSD and #GBPUSD #FXMajors! Pound Bid on Brexit agreement with EU. BoJo nee's to break DUP and opposition resistance and get deal through Parliament. Expected over the weekend! Euro supported by positive news and despite Germany revised GDP downward. Risk appetite up in general with #Aussie, #Kiwi, #Loonie all up! Meanwhile, the #EUSummit continues. Stavros Tousios Head of Investment Research Orbex This analysis is provided as general market commentary and does not constitute investment advice
by Orbex
Persimmon - Looks set to re-build its share price.Technicals Persimmon is holding at key support and showing signs of attracting value hunters. I also note the bullish divergence on the relative ratio (Persimmon share price / UKX). The price of sterling has been a drag on the shares and with GBP moving higher yesterday it could offer some relief to domestic stocks. Technically and fundamentally, Persimmon looks good value here. Fundamentals Persimmon currently ranks towards the top of our fundamental model with exceptional scores on value, profitability, momentum and quality metrics. The shares have underperformed the market over the past 1 to 3 months but we do not expect this to continue. Pros Ranks in the top 5 of our fundamental ranking model. Canaccord Genuity reiterated ‘Buy’ advice on the 20th August with a price target of 2720p. The business continues to produce steady cash flow and boasts a healthy dividend. Cons Sales have slowed in recent months. Peel Hunt reiterated its hold rating on the 1st May 2019 with a price target of 2025p. Complaints have been raised about the quality of Persimmon homes, this may act as a drag in the short term. Stop: 1790p Target: 2430p
LSE:PSNLong
by Investamate
3
GBPUSD: Simple Double Top Trade very interesting situation on GBPUSD . The pair is coiling around 1.27 structure resistance and we see a clear rejection of this level. The pair has just formed a double top pattern, and there is a high chance of switching the sentiment from bullish to bearish . Our trigger is the bearish violation of 1.255 structure support level. If the market breaks below this level we can short the pair expecting bearish continuation to lower structure levels. Target levels will be 1.242 1.230 *if the market goes up and closes above the resistance, setup will be invalid! Please, support the idea with like and leave a comment! Thanks.
Short
by VasilyTrader
5
Babcock - Potential bottom forming.Buy Babcock (BAB.L) Babcock International Group PLC is a holding company. The Company provides engineering services. Its segments include Marine and Technology, Defence and Security, Support Services and International. The Marine and Technology segment delivers support to the United Kingdom Royal Navy's submarines, naval ships and infrastructure. It also offers solutions in engineering, equipment management, consultancy, information and knowledge management. The Defence and Security segment offers engineering and training support services. Market Cap: £2.68Billion Babcock appears to be in the process of forming a bottom pattern on the daily chart. A break above 576p is needed to confirm the bottom pattern. Buying now is a pre-emptive move but it offers fantastic risk/reward at the current levels. The company is likely to benefit substantially on a Brexit deal. Stop: 490p Target 1: 576p Target 2: 740p Target 2: 800p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
LSE:BABLong
by Investamate
IG Group - Inverse head and shoulders bottomBuy IG Group (IGG.L) IG Group Holdings plc is a United Kingdom-based company, which is engaged in online trading. The Company provides contracts for difference (CFDs) in over 17 countries globally. The Company's segments include UK, Australia, Europe and Rest of World. The UK segment consists of its operations in the United Kingdom and Ireland, and derives its revenue from financial spread bets, CFDs, binary options and execution only stockbroking. The Australian segment derives its revenue from CFDs and binary options. The Europe segment consists of its operations in France, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden and Switzerland, and derives its revenue from CFDs, binary options and execution only stockbroking. Market Cap: £2.2Billion IG has completed an inverse head and shoulders bottom pattern on the daily chart. The move higher stalled at 648 and has corrected lower towards the neckline of the pattern at around 580p. This also lines up with a couple of Fibonacci support levels. The bullish outside candle that has formed today suggests that further upside could be seen in the short term. Stop: 555p Target 1: 630p Target 2: 733p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
LSE:IGGLong
by Investamate
Getting ready for a busy day and not going against the marketToday may well be a day of high volatility in the financial markets as a result changes in prices for several financial assets. There are a lot of important macroeconomic statistics will be published today. In particular, a whole block of data will be released across the UK, including GDP in August, industrial production, the index of business activity in the service sector, as well as the trade balance. So at 11-30 in pound pairs most likely it will be intense. As for the unstable pound we recommend practising news trading today. 1-2 minutes before the news release, we place pending stop orders, both for purchase and for sale, at 20-25 points from the current price of GBPUSD at that time. Well, then we just wait. Positive news is likely to provoke a growth, while negative news will lead to sales. Accordingly, one of the pending orders will react. Well, then it is only a matter of time and patience. Apart from data from the UK, inflation statistics from the United States is also we are interested in. Recall, 2% is the Fed’s target, accordingly, while inflation is below this mark, the Fed could cut the rates. We also do not forget that the Central Bank has at its disposal other instruments for expanding/narrowing the money supply. From the latest news, it is worth noting the Federal Reserve will soon purchase of US Treasury bonds. That is, the program to reduce the balance is over and the Fed's balance sheet begins to expand. Yesterday, the minutes of the last FOMC meeting was published. There is no unity in the Fed regarding the monetary policy vector. The distribution of votes “in favour” and “against” the reduction of the rate 50/50. The growth of the dollar supply in the market is a strong bearish signal. So the markets to finally begin to sell off the dollar the confirmation in the form of weak inflation is needed. So today's data is extremely important and can provoke strong movements in dollar pairs. But the main focus of the markets today is on negotiations between the US and China. If they fail, then the safe haven will be very volatile. If negotiations succeed, oil price may soar, while gold and the Japanese yen will be sold off. In this light, the main rule of today is not to go against the market. The movement can be very strong and unidirectional. Accordingly, trading in the direction of travel, especially if there is a fundamental reason for this, is the best option for trading today.
by Trade24Fx
IAG - About to flyBuy IAG (IAG.L) International Consolidated Airlines Group, S.A. is an airline company that holds the interests in airline and ancillary operations. Its segments include British Airways, Iberia, Vueling, Aer Lingus and Other Group companies. It combines the airlines in the United Kingdom, Spain and Ireland. It has approximately 550 aircrafts to over 280 destinations. The Company operates various aircraft fleet services, including Airbus A318, Airbus A319, Airbus A340-600, Boeing 787-800, Embraer E190 and Boeing 777-200, among others. The Company, through its subsidiaries, is engaged in providing airline marketing, airline operations, insurance, aircraft maintenance, storage and custody services, air freight operations and cargo transport services. Market Cap: £9.25Billion International Consolidated Airlines share price has been hit hard over recent months. Following the sharp move lower we are now beginning to see the shares consolidate and potentially forming a bottom pattern. A break above the resistance at 4878p would confirm the bottom pattern and offer upside potential towards 560p. In extension of that, there is an unfilled gap at 643p, which may act as a magnet for the price over the medium term. The risk/reward is favourable from here. Stop: 432p Target 1: 560p Target 2: 605p Target 3: 640p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
LSE:IAGLong
by Investamate
1
UK Per Capita GDP Using New Consumer Price Inflation (CPIH)This chart shows the GDP per capita for the UK as given by official government inflation rates (blue) and the newer CPIH which includes changes in rental cost (purple). As you can see, whereas the UK Tory government and rich landlords paint a rosy picture of life, the truth has again wandered from 'fact'. The share of GDP in real terms, which we can think of as a measure of social equality, has collapsed since 2008 and not recovered. The data has been normalised to 1 Jan 2008
F
by RealMcafee
Bango - More upside expectedBuy Bango (BGO.L) Bango PLC (Bango) offers the Bango mobile payment platform. The Company's principal activity is the development, marketing and sale of technology to enable mobile phone users to make payments for digital content and media on smartphones and tablets. The Company's segments include End user activity and Platform fees. The End user activity segment includes the content access fees paid by end users for accessing chargeable content provided by digital merchants, adjusted to take account of whether Bango is agent or principal in the transactions. Market Cap: £94.28Million Bango has formed a bottom pattern on the daily chart. The double bottom completed on the move above resistance at 130p. The shares have been in consolidation mode in recent weeks but now look set to head higher over the short to medium term. We have major resistance around 198.5p, which also lines up with the 61.8% Fibonacci resistance level at 192.5p. We expect to see the short term sequence of higher highs and higher lows continue. Stop: 115p Target: 192.5p Interested in UK Small Caps? Join our free Telegram channel for up to date analysis on the best small-cap opportunities in the UK right now. t.me
LSE:BGOLong
by Investamate
Yourgene Health - A break above 13.7p would target 16.9pYourgene Health PLC, formerly Premaitha Health PLC, is engaged in molecular diagnostics business for research into, and the development and commercialization of gene analysis techniques for pre-natal screening and other clinical applications in the early detection, monitoring and treatment of disease. The Company's product, the IONA test is a non-invasive in vitro diagnostic product for prenatal screening enabling clinical laboratories to offer a regulated non-invasive prenatal test in-house. The IONA test estimates the risk of a fetus having Down's syndrome or other serious genetic diseases. Market Cap - £71.88 Million The shares are trading in a well-established range between 10.50p – 13.7p. The shares appear to be heading to the upper boundary of the range and we expect an eventual break of resistance at 13.70p. A break of resistance at 13.7p should lead to more upside over the medium term. Our upside target is 16.9p, which is around 40% higher than the current price. A break below support at 10.5p would invalidate the bullish view. Interested in UK Small Caps? Join our free Telegram channel for up to date analysis on the best small-cap opportunities in the UK right now. t.me
YLong
by Investamate
AGE OF CURRENCY WAR The entire industrialized world is engaged in a form of economic warfare known as inflation . The idea being that if you can make your currency less valuable it makes your export more attractive for the foreign nations than if your currency was more expensive. So this has to do with fluctuations in currency prices. What you can buy stuff for in your country versus what you can buy stuff for in my country. The more inflation we cause, the more attractive our exports become to other countries. If you managed to destroy your economy through regulations, through taxation, through bad management and bad government and you don't really know how to create economic growth to pay for all the special welfare programs like UBI . If you don't have a way to do that through an actual growth, because you hamstrung your economy, how can you get more growth??? The way they do it is through currency inflation . So every industrialized nation in the world has figured this out. Now they all fighting a battle to make their currency as cheap as possible so their exports could be more attractive. How to create inflation? Well they reduce interest rates, making bonds less expensive, and then they end up issuing a lot of debt and printing a lot of money. They put money into circulation and they incentivize consumption. They put extra trillions of dollars into circulation because they know people will spend each penny every single year. It is gonna create a lot of inflation . They go further. What we see now is governments reducing its interest rates to negative.So if interest rates are negative it is no more reasonable to save money because it is costing you money to just put them in the bank. If saving money costs you, so you should spend your money as fast as you can and that is what these countries are doing. They are offering things like: negative interest rates on the mortgage to buy a house in Scandic nations. They are trying to stimulate a massive amount of consumption to pay you so you consume. In the beginning, it sounds like a great idea to you because you can purchase a 100000 home for 95000 by the time you done paying it because you have a negative interest rate. Over the long term though this is going to destroy an economy because it denies a very simple truth about the time value of money, about the way economics works. If they are manipulating the system for short term benefits it will end up crashing us. If interest rate is a price of money just think about it: if someone is paying you to take money from them, what does it tell you about future value of this money??? I will stop here. I will be happy to know your thoughts on a current situation. Feel free to share in a comment section.
TVC:EXYShort
by VasilyTrader
1
GBPCHF: Trading Plan For Next Week hey traders, I was paying close attention to GBPCHF for a while as it started approaching a significant level of resistance. Finally on a daily RSI shows us clear divergence and very nice dodji. The market also leaves clues on a 4H: pair was trading in a rising parallel channel for more than two weeks and finally, the market has set a lower high. The last thing that I am looking for is a bearish breakout of a channel. It will be a perfect confirmation to open a short trade. Targets are 1.22 1.20 Stop 1.25 *if the market sets new higher high higher close, setup will be invalid
Short
by VasilyTrader
Preparing for Fed verdict, analyzing the state of the oil marketThe attacks on Saudi Arabia's oil infrastructure led to the biggest jump in global prices. The correction was not observed until the American session started. We recommended on Tuesday to open short positions in oil because we were confident in the corrective movement and the end, the recommendation justified itself at 100%. In just 10 minutes, oil lost over 4%. The reason for the decline was the information that Saudi Arabia has officially confirmed - production capacity will be restored by the end of September. And to compensate for losses in production associated with the attack, the Saudis will increase production up to 12 million bpd by the end of October. So those of our readers who trust our experience and analytics should have made good money. As for trading on the oil market today, then after the strongest fall yesterday, everything looks rather ambiguous. And although we continue to incline toward asset sales you should be careful with that. As for the Fed and the Open Market Committee. An event that was devoid of intrigue just a couple of weeks ago (100% of traders set a minimum rate reduction of 0.25) may surprise. The current probability of a Fed rate cut is slightly above 60%. And if you take into account that yesterday's data on industrial production in the USA were frankly surprising: 0.6% m / m with a forecast of + 0.2% m / m and July outcome -0.1% m / m, the Fed can keep the rate unchanged. Our position remains unchanged. We expect the rate to be lowered by 0.25%. There are enough reasons for this: an interest rate reduction by ECB rate last week, a deterioration of the US labor market and the US economy condition as a whole, threat of a global recession and intensified trade war, multiplied by the risk of a US military campaign in Iran - all of this obliges the Fed to act and reduce the interest rate to prevent the US economy downfall. Anyway, reinsurance is better than solve the consequences duo to the lack of action. Accordingly, our position on the dollar today is also unchanged - we will sell it. At the same time, we do not forget the euro and its movement after the ECB meeting last week. The probability of false movements is great and it is extremely important to follow a predetermined plan. But at the same time, it is worthwhile to put stops so as not to go against the market will. In addition to the decision of the Fed and the subsequent explosion of volatility in the foreign exchange market, it is worth paying attention to inflation data from the UK and Canada. As for the UK. Despite Johnson's unsuccessful meeting in Luxembourg, the pound did not react that much. This means that we will continue to look for an opportunity to buy the British pound. First of all, against the euro and the US dollar. The tactics of buying gold in the area of local lows continue to be justified, so we will continue to adhere to it today.
TVC:DXYShort
by Trade24Fx
Reading the right side of the chart : GBPCHF 17 Sept 2019Yesterday the daily range was 63 pips whilst the 20-day ADR was 91 pips. There was a miss in daily range hence I am anticipating a price expansion today, and hopefully to the downside tapping into the liquidity pool. I am looking at the liquidity pool around 1.12270-1.12300 and once price enters in the zone, that is a bullish activation and I will wait for a bullish trigger to long GBPCHF. If the price goes lower, all I could do is wait and see if the price reacts at the liquidity pool at 1.12180 - 1.1220. There are no risk events for the U.K and Switzerland
Long
by sufiansaid